
Apartments for Rent with Specials in the Shadow Lakes Neighborhood of Carmel, IN (15 Rentals)
Apartments in the Shadow Lakes area of Carmel with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.


Overture at Proscenium Apartments

Lakes of Carmel

Mezz 42

Portrait Midtown
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

VER at Proscenium Apartments

The Gallery Apartments

Gramercy

Carmel Landing Apartment Homes

North End Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

The Union at Grand Junction

Farmhouse at Lantern Commons

Flats at Spring Mill Station

Redwood Noblesville Webster Drive

Pebble Brook Village
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Shadow Lakes, Carmel, IN Local Guide

How much does it cost to rent an apartment in Shadow Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shadow Lakes Studio Apartments | $1,400 | $1,105 | $2,087 |
| Shadow Lakes 1 Bedroom Apartments | $1,579 | $1,105 | $2,612 |
| Shadow Lakes 2 Bedroom Apartments | $1,950 | $1,280 | $3,725 |
| Shadow Lakes 3 Bedroom Apartments | $2,371 | $1,460 | $4,466 |
| Shadow Lakes 4 Bedroom Apartments | $3,594 | $3,475 | $3,713 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 3 mile radius of the Shadow Lakes Neighborhood of Carmel, IN.
See all Apartments in CarmelExplore Carmel
Shadow Lakes, Carmel, IN Local Guide
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Top Carmel Apartments in the Shadow Lakes Area with Move-In Specials Ending Soon
Specials updated: 01-20-2026Take advantage of these move-in and rent specials that are ending soon for top Shadow Lakes, IN apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
Pebble Brook Village
Searching for a new 2 or 3 bedroom home?? Get $500 off select homes in January PLUS Waived admin fees for ALL move ins!Expires 01-21-2026
North End Apartments
Now Leasing Luxury Apartments!Expires 01-21-2026
VER at Proscenium Apartments
Find your perfect apartmenttour our community today and move into your new home now!Expires 01-21-2026
Overture at Proscenium Apartments
One month rent credit on a 13, 14, or 15 month lease to be applied in equal monthly installments.Expires 01-21-2026
Carmel Center
LAST CHANCE! Largest 1 Bedrooms in Downtown Carmel! Only 2 Left at Special New Year Pricing! Act Now!Expires 01-21-2026
Gramercy
$250 off 1st full months rent! Move in by January 31st. Offer valid on select units, restrictions may apply please contact a member of our leasing staff for full details.Expires 01-21-2026
Lakes of Carmel
One Month FreeExpires 01-21-2026
Flats at Spring Mill Station
Move in before the end of January and we will waive your admin fee!!Expires 01-21-2026
Redwood Noblesville Webster Drive
Our leasing office is located at 10147 Harewood Dr N, Noblesville, IN 46060. In-person tours at Redwood Noblesville Webster Drive are offered by appointment only.Expires 01-21-2026
The Gallery Apartments
Reduced rates on select homes! Earn up to $250 off & waived fees! (Restrictions Apply)Expires 01-21-2026
Newly Listed Move-In Specials offers for Apartments in Shadow Lakes, IN
Specials updated: 01-20-2026Here are the most recently added special offers for renters looking to find the best deals on apartments in Shadow Lakes, IN. Be sure to take advantage of some of the area’s top offers.
Mezz 42
Explore real-time pricing and floor plans today. If you move in now, you pay $0 until February 2026.Expires 01-31-2026
Farmhouse at Lantern Commons
UP TO 1.5 MONTHS FREE FOR ALL MOVE-INS STARTING IN 2026!Expires 01-31-2026
Overture at Proscenium Apartments
One month rent credit on a 13, 14, or 15 month lease to be applied in equal monthly installments.Expires 01-21-2026
Carmel Center
LAST CHANCE! Largest 1 Bedrooms in Downtown Carmel! Only 2 Left at Special New Year Pricing! Act Now!Expires 01-21-2026
Gramercy
$250 off 1st full months rent! Move in by January 31st. Offer valid on select units, restrictions may apply please contact a member of our leasing staff for full details.Expires 01-21-2026
Lakes of Carmel
One Month FreeExpires 01-21-2026
Flats at Spring Mill Station
Move in before the end of January and we will waive your admin fee!!Expires 01-21-2026
Pebble Brook Village
Searching for a new 2 or 3 bedroom home?? Get $500 off select homes in January PLUS Waived admin fees for ALL move ins!Expires 01-21-2026
North End Apartments
Now Leasing Luxury Apartments!Expires 01-21-2026
VER at Proscenium Apartments
Find your perfect apartmenttour our community today and move into your new home now!Expires 01-21-2026
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleShadow Lakes, Carmel, IN
Ranked #2
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Shadow Lakes, Carmel, IN
School data provided by Great Schools
Frequently Asked Questions about Rent Specials Shadow Lakes Apartments
What is the Cheapest Rent Specials apartment in Shadow Lakes?
Currently the most affordable Rent Specials Apartment in Shadow Lakes is at VER at Proscenium Apartments listed at $1,194.
How much is the average rent for a Rent Specials Shadow Lakes Apartment?
The average rent for a Rent Specials Apartment in Shadow Lakes is $1,905.
What is the largest Rent Specials Shadow Lakes Apartment for rent?
Today's Rent Specials apartment with the most square footage in Shadow Lakes is a 1,946 square feet unit starting from $1,395 at Carmel Center.
What is the average size for Shadow Lakes Rent Specials Apartments for rent?
The average size for a Rent Specials rental in Shadow Lakes is currently at 758 sq ft.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
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Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!